Treehouse introduces two core primitives to build decentralized fixed income infrastructure. DOR is a decentralized benchmark rate mechanism, using a panelist network to submit and stake on forward rate expectations. This creates term structures for on-chain yields. tAssets are liquid staking token wrappers that arbitrage rate discrepancies across lending markets.

DOR enables products like interest rate swaps and fixed-rate loans. tAssets stabilize DeFi rates by aligning borrow costs with staking yields, offering users enhanced yield. Together, they form a foundation for yield-bearing strategies and a full-stack fixed income market, solving the volatility of block-by-block floating rates.